HOLIDAY RESORT (THREE STAR GRADE) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout,Cost of Project
PROJECT DESCRIPTION
Tourism as an industry has been flourishing and growing since time immemorial, but it has been in the last few decades that specific attention has started to be given to this smokeless industry. Tourism has emerged as an important as well as organized industry which scattered its benefits over large segments of the population.
Destination resort is a resort that contains, in and of itself, the necessary guest attraction capabilities that is to say that a destination resort does not need to be near a destination (town, historic site, theme park, or other) to attract its public. Consequently, another characteristic of a destination resort is that it offers food, drink, lodging, sports, entertainment, and shopping within the facility so that guests have no need to leave the facility throughout their stay. Commonly these facilities are of higher quality than would be expected if one were to stay at a hotel or eat in a town's restaurants.
In India there is a very good gap of availability of holiday resorts in different place of India. There is good scope of holiday resorts due to demand of more and more hotel rooms to accommodate the foreign as well as domestic tourists. Arrival of foreign tourist has increased by 8-10%.
India is seen as a potential country for such developments and awareness is the requisite to start the process. The vacation ownership is growing at a compound annual growth rate of 20 per cent for the last three to four years and has become the reason for resort developments in India. The market for timeshare models is huge and more importantly, domestic traffic is adopting the lifestyle that supports the timeshare model. India is in an embryonic stage of development in innovative product models for vacation ownership real estate developments.
Few Indian Major Players are as under:
Costplus Credit Capital Ltd.
Mahindra Holidays & Resorts India Ltd.
Prajay Engineers Syndicate Ltd.
South Indian Concerns Ltd.
Sterling Holiday Resorts (India) Ltd.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| 27 Rooms, (3 Cottages, 16 Deluxe & 8 Suits) |
631 Lakhs |
- |
0 |
945 Lakhs |
45.00 |
35.00 |
